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Podcast: Get Rich Education
Episode: Why You're Wealthier Than You Think
Description: Keep your debt. Get financially-free instead. We're talking about good debt. Retiring your debt often means you can't retire yourself. Home equity is: Unsafe. Illiquid. Has zero rate of return. Â So then, why have so much equity in any one property? Back in The Great Depression Era, banks could call your loan due-in-full anytime. They can't do that today. Don't fear mortgages. Embrace them; even collect them! Every dollar that goes into mortgage principal paydown is a dollar that you didn't invest. Separating e...